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Question 13 Answer saved Marked out of 2.00 P Flag question Time left 0:35:17 You are interested in purchasing a bond from ExAm Solutions. The

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Question 13 Answer saved Marked out of 2.00 P Flag question Time left 0:35:17 You are interested in purchasing a bond from ExAm Solutions. The bond had a 40 year maturity when it was issued, which was 10 years ago. Its face value was $1,000. The bond pays quarter interest at an 8% coupon rate. The bond currently trades at a price of $950, what is the YTM a. 0889 O b. .092 O c..0222 O d. A different value e. .0846 Clear my choice

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